DO MORE DEALS
MAKE MORE
EXIT RICHER
1031k.COM
FUNDS
L.P.
(FUND)
I.M.
G.P.
CONTROL
PROFITS
via carried interest
FOUNDERS
FUND
PYRAMID
3-ENTITY
SUCCESS STRUCTURE
Revenue = $5,000,000
Earnings (EBITDA) = 20%
Valuation (off EBITDA) = 5
VALUATION:
REVENUE
EARNINGS (EBITDA)
Change = $5M ↕ $25M
5x
R.E.V. MODEL: HOW A FUND CAN EXPONENTIALLY GROW YOUR SYNDICATION BUSINESS
STEP
1
Change = 20% ↕ 30%
1.5x
STEP
2
VALUATION MULTIPLE
Change = 5 ↕ 15
3x
STEP
3
EV = $25,000,000
EV = $37,500,000
EV = $112,500,000
22X
$112,500,000
Increased Deals
More Scalability
No “SeeSaw”
“Be” The Bank
Secondary Capital
Technology
Easier To Exit
Securitize or I.P.O.
Strongest Buyer Pool
PUBLIC
REIT
BUYER CAN DETERMINE A PRICE TO OFFER SELLER
7 Cap�100/.07 = $1,428
vs
3 Cap�100/.03 = $3,333
STANDARD
BUSINESS
YOUR FUND
BUSINESS
*We have no way of knowing what the market will bear at the time we sell any asset. Everything herein is speculative.
22X
MORE VALUABLE*
Is this worth bringing in a partner or co-founder to execute on this strategy?
Would life be better doing this alone or doing it with someone else?